Exchange South
Exchange South
Jacksonville, Florida
Property Highlights:
Exchange South is a 17.8-acre property located in the affluent Southside neighborhood of Jacksonville, 1.8 miles from The Avenues Mall. The asset is a light-industrial/flex business park with 25 national and multinational diversified tenants. Exchange South has found a niche with large medical-use tenants that are highly invested in their spaces. The nature of the property will greatly benefit from the growth of e-commerce and expanded residential/commercial construction.
After acquisition, Savlan Capital implemented $1MM in capital improvements to the asset. We increased occupancy from 75% to 90% and brought rents up to market. With new market rental rates and increases in occupancy, the property value increased by 151% in less than two years.
![Exchange South](https://www.savlancapital.com/wp-content/uploads/2021/04/ExchangeSouth_Aerial_1-1024x791.png)
![Exchange South](https://www.savlancapital.com/wp-content/uploads/2021/04/ExchangeSouth_Aerial_1-150x150.png)
![Exchange South](https://www.savlancapital.com/wp-content/uploads/2021/04/ExchangeSouth_2-1024x768.jpg)
![Exchange South](https://www.savlancapital.com/wp-content/uploads/2021/04/ExchangeSouth_2-150x150.jpg)
![Exchange South Business Park](https://www.savlancapital.com/wp-content/uploads/2021/04/ExchangeSouth_3-768x1024.jpg)
![Exchange South Business Park](https://www.savlancapital.com/wp-content/uploads/2021/04/ExchangeSouth_3-150x150.jpg)
![Exchange South Flex-Business Park](https://www.savlancapital.com/wp-content/uploads/2021/04/ExchangeSouth_4-1024x768.jpg)
![Exchange South Flex-Business Park](https://www.savlancapital.com/wp-content/uploads/2021/04/ExchangeSouth_4-150x150.jpg)
![ExchangeSouth_5](https://www.savlancapital.com/wp-content/uploads/2021/04/ExchangeSouth_5-1024x768.jpg)
![ExchangeSouth_5](https://www.savlancapital.com/wp-content/uploads/2021/04/ExchangeSouth_5-150x150.jpg)
![Jacksonville, Florida Business Park](https://www.savlancapital.com/wp-content/uploads/2021/04/ExchangeSouth_6-1024x551.jpg)
![Jacksonville, Florida Business Park](https://www.savlancapital.com/wp-content/uploads/2021/04/ExchangeSouth_6-150x150.jpg)
![ExchangeSouth_7](https://www.savlancapital.com/wp-content/uploads/2021/04/ExchangeSouth_7.jpg)
![ExchangeSouth_7](https://www.savlancapital.com/wp-content/uploads/2021/04/ExchangeSouth_7-150x150.jpg)
![ExchangeSouth_8](https://www.savlancapital.com/wp-content/uploads/2021/04/ExchangeSouth_8.jpg)
![ExchangeSouth_8](https://www.savlancapital.com/wp-content/uploads/2021/04/ExchangeSouth_8-150x150.jpg)
![Exchange South Flex Park](https://www.savlancapital.com/wp-content/uploads/2021/04/ExchangeSouth_9.jpg)
![Exchange South Flex Park](https://www.savlancapital.com/wp-content/uploads/2021/04/ExchangeSouth_9-150x150.jpg)
![Exchange South](https://www.savlancapital.com/wp-content/uploads/2021/04/ExchangeSouth_10.jpg)
![Exchange South](https://www.savlancapital.com/wp-content/uploads/2021/04/ExchangeSouth_10-150x150.jpg)
![Exchange South Business Park](https://www.savlancapital.com/wp-content/uploads/2021/04/ExchangeSouth_11.jpg)
![Exchange South Business Park](https://www.savlancapital.com/wp-content/uploads/2021/04/ExchangeSouth_11-150x150.jpg)